MORE Electric and Power Corporation (More Power) has signed a Power Supply Agreement (PSA) with Urban Energy Development Corporation (UEDC) to deliver 6.6 megawatts (MW) of clean energy, strengthening its compliance with the Renewable Portfolio Standard (RPS) requirement under the Department of Energy (DOE).
The agreement was formalized by More Power President and Chief Executive Officer (CEO) Roel Castro and UEDC President Alfonso Javier Reyes following a successful Competitive Selection Process (CSP) held on April 4, 2025.
Under the deal, UEDC—a subsidiary of Mabuhay Power Holdings Corporation—will provide 6.6 MW from its forthcoming 8 MW-peak solar power facility located in Anilao, Iloilo. The greenfield project is scheduled for completion and delivery within one year, with commercial operations expected by mid-2026.
“This partnership is part of our continuing mission to lead Iloilo towards a more sustainable energy future,” said Castro. “We are steadily increasing the share of renewables in our power mix. With this new project, we take another significant step in hitting our long-term clean energy targets, ensuring our customers benefit from affordable, reliable, and greener power.”
UEDC President Reyes expressed optimism about the collaboration, saying, “We are proud to support More Power’s renewable energy goals with our first solar facility in Iloilo."
Reyes expressed optimism about the collaboration, stating it contributes to the country's clean energy goals and offers new investment opportunities in the region, committing to timely and high-quality delivery.
Currently, More Power’s renewable energy portfolio stands at approximately 33 percent and is expected to increase with the integration of the new supply from the Anilao plant.
The RPS requires distribution utilities to gradually increase their renewable energy sourcing as part of the government’s efforts to transition to sustainable energy. The new PSA helps More Power meet its compliance and underscores its role in advancing clean power development in Iloilo City.
Castro emphasizes commitment to a cleaner energy future, not just compliance, but also as a model for utilities nationwide.
The Anilao solar project is set to break ground later this year (Leo Solinap/SunStar Philippines)